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Carnival price target lowered to $20 from $23 at Argus
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Carnival price target lowered to $20 from $23 at Argus

Argus lowered the firm’s price target on Carnival to $20 from $23 but keeps a Buy rating on the shares. The firm has a “favorable view” of the company’s increased marketing spending, which should help to boost revenue, the analyst tells investors in a research note. Carnival is also making its fleet more efficient, Argus added.

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